SHORT oil @$125.55 and up

Quote from Wrongside:

That being said, where are the shorts?

bragging how they just made $5K on this or that winning trade. people dont lose around here
 
Risk/reward is good if you can get short and hold for the ride with a trailing stop.....

Order just filled at 32.70 short. Will cover 80% at 32.20 if we get there.
 
Quote from sttrader:

Risk/reward is good if you can get short and hold for the ride with a trailing stop.....

Order just filled at 32.70 short. Will cover 80% at 32.20 if we get there.

I am absolutely amazed by both of you. Contract moved $7's against your direction and you guys are pounding your chests on making 50 cents, while letting the position run against you every single time. I don't see how anyone can take this seriously. It is amazing how everyone covers at the lowest points of every single pullback.
 
Quote from Daal:

bragging how they just made $5K on this or that winning trade. people dont lose around here

The thing is that I did exactly the same years ago and got my @ss handed to me. However, having a constructive discussion as to why this strategy doesn't work in the long run is impossible with these guys.
 
Quote from sttrader:

Risk/reward is good if you can get short and hold for the ride with a trailing stop.....

Order just filled at 32.70 short. Will cover 80% at 32.20 if we get there.

Don't forget they sell the high too.
 
Quote from Grandeur:

The thing is that I did exactly the same years ago and got my @ss handed to me. However, having a constructive discussion as to why this strategy doesn't work in the long run is impossible with these guys.

yeah, im thinking of trademarking the phrase 'some people rather be contrarian than to make money'
 
Quote from Wrongside:

Don't forget they sell the high too.

It's amazing, I have tried a lot and never been able to do it. But hey, what do I know, I am just a simple trendfollower.
 
Quote from Wrongside:

If the expression "no pain, no gain" is true, the shorts are gaining alot.

Well, if I am correct, 5pillars is short a 40 lot cl at an average price of 130.36 (including the profit he took). Oil at 133 is a world of hurting for him.
 
Back
Top